FOOD TECH PREDICTIONSPresented by Yen ChoiApril 6, 2016Lagos Nigeria

YEN’S BACKGROUND

• Based in Nigeria since 2003• Technology Entrepreneur: Telecom, Media• Perpetual Adventurer: Visited over 50 countries, Led teams to climb

Kilimanjaro (5895m), and Mt. Cameroon (4200m). • Food Lover and Cook• These are my personal opinions and predictions

Grown & Produced• Farming will be a high tech job and not low paying labor• Technology = Higher Yield, higher nutritional value • Genetic Modification = more resilient, and dense• Robotic farming = cheaper and precise harvesting• Environment Optimizing = Making better efficient use of the environment:

Weather, Wind, Water• Financial Optimization = Crop Insurance – Weather event based payouts• New class of synthesized foods = synthetic meat, engineered animal proteins• Engineered foods = precise nutrient quantities, can eat less and get more

nutrients

ACCESSED AND SERVED

• Less staff, order before you arrive at a restaurant.• Drone delivery, Eat at home vs restaurant – maximum value• Automatic nutritional information, Smart Containers and cutlery. Know when

you are adequately nourished. • Automatic ordering based on your preference• Wearables integration – order, health, analyze, validate and promote

PREPARED AND COOKED

• 3D printed foods – eat works of art• Home cooking using a new age of appliances. Precise control of: Pressure,

Environment, Temperature, Humidity, cutting, timing based on sensor data from item cooking. ”Perfect Steak” “Perfect Eggs” “perfect soup”

• Repeatability, cooking instructions become as proprietary as computer software. Subscriptions to menus. Preparation instructions become more “valuable” than ingredients

CHOSEN AND UNDERSTOOD

• All based on crowd opinion. Choose your influencers• Food is becomes synonymous with Fashion• Not just value and taste, but also social cause• Instant feedback up and down the supply / value chain

SummaryThe Future of food will driven by the balance and equilibrium of the following factors at any point in time:

•Convenience vs Experiential•Beautiful vs functional•Natural vs Synthetic•Necessity vs Luxury

THANK YOU

@YenChoi @YenChoi